Breaking: Dangote Sugar Crosses N1 Trillion Market Cap Level

The second business controlled by Aliko Dangote to surpass the N1 trillion market valuation threshold is Dangote Sugar.

The company’s share price increased by 1.23% as of 1:30 PM on January 17, 2024, to reach N82.40. This put the company’s market value over N1 trillion and allowed it to enter the SWOOT category.

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Dangote Sugar has become the fifth company to cross the N1 trillion market cap level in the NGX in 2024. Others are FBN Holdings, United Bank for Africa, Access Holding, Transcorp Hotels, and Geregu Power.

More details later…